Cleburne Rotary Club Foundation Inc
- Assets
- $289.8k
- Revenue
- $12.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Cleburne, TX
- Founding
- 12/2000
- Data as of
- 06/2021
- EIN
- 75-2886299
Organization Overview
Cleburne Rotary Club Foundation Inc is located in Cleburne, TX. The organization was established in 2000. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cleburne Rotary Club Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Cleburne Rotary Club Foundation Inc generated $12.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.9%) each year. All expenses for the organization totaled $12.6k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (13.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Cleburne Rotary Club Foundation Inc has awarded 106 individual grants totaling $395,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mollie Mims Director | 0 | $0 | |
Sharron Miles President | 2 | $0 | |
Paul Verwers Director | 0 | $0 | |
Jared Treesh Director | 0 | $0 | |
Adam Bond Vice President | 0 | $0 | |
Michael Bowles Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $8,275 |
| Interest on Savings | $3,421 |
| Dividends & Interest | $1,084 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $285 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $12,780 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $70 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $79 |
| Total operating and administrative expenses | $149 |
| Contributions, gifts, grants paid | $12,500 |
| Total expenses and disbursements | $12,649 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $49,385 |
| Savings and temporary cash investments | $240,446 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $289,831 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $49,750 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $49,750 |
Grants Awarded
Over the last fiscal year, Cleburne Rotary Club Foundation Inc has awarded $61,500 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
BRENDA ZAMORA PURPOSE: ACADEMIC SCHOLARSHIP | $16,000 |
RYLEE MULLEN PURPOSE: VOCATIONAL SCHOLARSHIP | $14,000 |
JUAN GONZALEZ PURPOSE: VOCATIONAL SCHOLARSHIP | $8,000 |
REESE GRIFFITH PURPOSE: VOCATIONAL SCHOLARSHIP | $8,000 |
CHRIS ROBLES PURPOSE: ACADEMIC SCHOLARSHIP | $4,000 |
SERGIO RODULFO PURPOSE: VOCATIONAL SCHOLARSHIP | $3,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Cleburne Rotary Club Foundation Inc has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Hazelwood Charitable Foundation Cleburne, TX PURPOSE: CHARITABLE/EDUCATION | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Indigenous Education Inc Albuquerque, NM | $3,738,546 | $7,442,761 |
Higher Education Servicing Corp In Arlington, TX | $44,544,807 | $11,853,938 |
Brazos Higher Education Service Corporation Inc Waco, TX | $152,724,525 | $12,631,577 |
Smart Bowling Scholarship Funding Corporation Arlington, TX | $97,151,764 | $16,570,188 |
New Mexico Student Loan Guarantee Corporation Albuquerque, NM | $15,866,075 | $3,044,592 |
Kimberly-Clark Foundation Inc Irving, TX | $0 | $5,825,814 |
San Antonio Livestock Exposition Educational Fund Inc San Antonio, TX | $23,576,511 | $4,942,243 |
The Forte Foundation Austin, TX | $3,571,246 | $5,400,451 |
Usaa Educational Foundation San Antonio, TX | $96,381,454 | $7,561,828 |
Ulm Athletic Foundation Monroe, LA | $3,668,358 | $2,963,740 |
Panhandle-Plains Higher Education Foundation Inc Canyon, TX | $182,464,704 | $13,006,465 |
American Indian Graduate Center Scholars Albuquerque, NM | $1,252,569 | $3,993,312 |